Program Details
2026-08-19 13:00:00
Over 1,000+ webinars
Course Overview
2026-08-19 13:00:00
2h CLE Credits
Intermediate
2
1:00 pm - 2:00 pm ESTThis session equips transactional real estate attorneys to pivot into distressed workout practice during the 2025–2026 CMBS maturity wave, covering the full arc of pre-bankruptcy, out-of-court tools: forbearance agreements with cash management and lockbox provisions, CMBS PSA constraints on special servicer authority, loan modifications and discounted payoff negotiations, deed in lieu structuring with merger doctrine and environmental liability analysis, intercreditor agreement navigation, and nonrecourse carveout guaranty exposure triggered by workout decisions. Attorneys will learn to map existing transactional skills — title review, loan documentation, entity compliance, and due diligence coordination — directly onto distressed-asset workflows. Competencies gained include reading PSA appointment triggers, structuring forbearance milestone covenants, analyzing intercreditor waterfall provisions, negotiating discounted payoff terms, identifying bad boy carve-out tripwires before workout negotiations begin, and recognizing the boundaries of negotiated resolution versus formal proceedings.
Troy Doll
Edward Zughaib 2:10 pm - 3:10 pm ESTThis session prepares transactional real estate attorneys to handle the full distressed-asset lifecycle, from the first forbearance call through Chapter 11 plan confirmation, by translating existing loan documentation and due diligence skills into workout, litigation, and bankruptcy practice. Attendees will gain practical competency in distressed negotiations, drafting forbearance agreements, navigating pooling and servicing agreement constraints on CMBS special servicer authority, identifying nonrecourse guaranty exposure before it is triggered, and managing single asset real estate debtor strategy under the Bankruptcy Code’s compressed timelines. The program will provide practical frameworks and decisiontree playbooks covering pre-bankruptcy workouts, section 363 asset sales, cash collateral disputes, and cramdown plan confirmation.
Mette H. KurthTroy Doll is a partner in the Corporate Department of Pierson Ferdinand LLP, practicing from the firm’s Princeton and New York offices. His practice centers on securitization and structured finance, principally commercial mortgage-backed securities (CMBS), collateralized loan obligations (CLOs), and the workout and restructuring of securitized and other financial assets. He also represents lenders in the structuring, negotiation, and documentation of first mortgage loans, mezzanine loans, and subordinate debt. His clients include real estate lenders originating commercial mortgage loans nationwide; institutional investors; primary, master, and special servicers; operating advisors; loan sellers; and lenders active in CMBS, CLOs, and other structured finance products.
Edward Elia Zughaib is a partner in the Corporate Department of Pierson Ferdinand LLP, practicing from the firm’s Washington, D.C. office. His practice spans real estate and real estate finance, including loans, workouts, foreclosures, the purchase and sale of real property, and the leasing of office, retail, and industrial space. He has represented regional and national lenders and borrowers in loans secured by real estate and other collateral, and has counseled owners, developers, and investors in acquiring and developing land for retail, commercial, industrial, and residential projects and in buying and selling operating retail, office, multi-family, and industrial properties.
Mette H. Kurth is a partner in the Corporate Department of Pierson Ferdinand LLP, practicing from the firm’s Wilmington and Los Angeles offices. Ranked by Chambers USA among the leading bankruptcy and restructuring attorneys in both California and Delaware, she represents clients in sophisticated workouts, restructurings, distressed M&A transactions, and bankruptcy matters. Her clients span retail, restaurant, fitness, manufacturing, import and distribution, agriculture, financial services, health care, real estate, and media and entertainment, and have ranged from debtors and investors to creditors, creditors’ committees, and parties to bankruptcy-related litigation. She has built a reputation for steady handling of confrontational negotiations and difficult situations, and clients quoted by the firm have described her as “a pit bull in heels” and a “rock-hard…negotiator.”
Troy Doll is a partner in the Corporate Department of Pierson Ferdinand LLP, practicing from the firm’s Princeton and New York offices. His practice centers on securitization and structured finance, principally commercial mortgage-backed securities (CMBS), collateralized loan obligations (CLOs), and the workout and restructuring of securitized and other financial assets. He also represents lenders in the structuring, negotiation, and documentation of first mortgage loans, mezzanine loans, and subordinate debt. His clients include real estate lenders originating commercial mortgage loans nationwide; institutional investors; primary, master, and special servicers; operating advisors; loan sellers; and lenders active in CMBS, CLOs, and other structured finance products.
Edward Elia Zughaib is a partner in the Corporate Department of Pierson Ferdinand LLP, practicing from the firm’s Washington, D.C. office. His practice spans real estate and real estate finance, including loans, workouts, foreclosures, the purchase and sale of real property, and the leasing of office, retail, and industrial space. He has represented regional and national lenders and borrowers in loans secured by real estate and other collateral, and has counseled owners, developers, and investors in acquiring and developing land for retail, commercial, industrial, and residential projects and in buying and selling operating retail, office, multi-family, and industrial properties.
Mette H. Kurth is a partner in the Corporate Department of Pierson Ferdinand LLP, practicing from the firm’s Wilmington and Los Angeles offices. Ranked by Chambers USA among the leading bankruptcy and restructuring attorneys in both California and Delaware, she represents clients in sophisticated workouts, restructurings, distressed M&A transactions, and bankruptcy matters. Her clients span retail, restaurant, fitness, manufacturing, import and distribution, agriculture, financial services, health care, real estate, and media and entertainment, and have ranged from debtors and investors to creditors, creditors’ committees, and parties to bankruptcy-related litigation. She has built a reputation for steady handling of confrontational negotiations and difficult situations, and clients quoted by the firm have described her as “a pit bull in heels” and a “rock-hard…negotiator.”
Requirements
The Alabama State Bar MCLE Commission requires attorneys to complete 12 credits, including 1 ethics, by December 31 of each year. All credits must be reported by February 15 of the following year. A maximum of 12 credits, including 1 ethics credit, may be carried over for 1 year only.
Formats
